Penalty Cannot Survive After Assessment Is Set Aside

Anshu Priyadarshini Vs ITO (ITAT Delhi)

When Assessment Falls, Penalty Can’t Stand: ITAT Delhi Quashes 271(1)(c) Penalty After De-novo Remand

The Delhi ITAT “SMC” Bench, comprising Shri Vikas Awasthy (Judicial Member), allowed the appeal of Anshu Priyadarshini for AY 2011-12 and set aside the penalty levied u/s 271(1)(c), holding that the penalty proceedin

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